next presenters are hollywood legends and remember when this town was nothing but cocaine trees as far as the eye could see. [ laughter ] it's late. these two are the children of screen legends who then went on to become screen legends themselves which only goes to prove what everyone says hollywood parents are the best parents in the world. [ laughter ] ladies and gentlemen, please welcome oscar winners jane fonda and michael douglas. [ applause ] >> the stories these directors brought to the screen are as varied as the nominees themselves. >> whether american or foreign born, whether oscar winning legends or first timer, whether bringing to the screen a fantasy, a tragic love story, a magical surreal world, a romantic comedy or a slice of history. >> their shared characteristic is their monumental and profound talent. here are the nominees for achievement in directing. ♪ >> michael haneke, "amour." benh zeitlin, "beasts of the southern wild." ang lee, "life of pi." steven spielberg, "lincoln." david o. russell, "silver linings playbook", -- >> and the oscar goes to ang lee. [ appla